A Loan That Works Like a Lease
If you’ve looked into leasing a vehicle or are just looking for a more economical way to own one, take a look at the Empeople Payment Saver auto loan.
Empeople’s Payment Saver loan gives you the best of both worlds. Like a lease, Payment Saver offers considerably lower payments than conventional financing. Yet, unlike leasing, with Empeople’s Payment Saver loan you own the vehicle and have all of the flexibility and benefits that come with vehicle ownership.
There’s no security deposit, no acquisition fee, and no pre-payment penalties. Yet, like a lease, you pay only for the depreciation of your vehicle while you use it. And, at the end of the term, you can choose to refinance and keep your vehicle, sell it, trade it in on a new one, or return the vehicle at loan maturity (subject to inspection and mileage).
- No capitalization fees
- No application fee
- No security deposit
- No upfront first or last payment
- No early payoff penalty
- 100% financing with no money down
- Mileage² options of 7,500, 10,000, 12,000, 15,000 and 18,000 per year available
- View all rates, terms, and disclaimers.
Look how much you may save:
$30,000 vehicle loan, financed for 36 months
| Conventional Loan | Payment Saver | |
|---|---|---|
| Loan Amount | $30,000 | $30,000 |
| Monthly Payment | $869.13 | $465 |
To estimate your vehicle payments, use our Payment Saver Auto Loan Calculator³.
¹ Minimum loan amount of $15,000 for vehicles financed with 60 to 72 month loan terms.
² Mileage options apply only if you return the vehicle at program end. Other fees and conditions may apply.
³ This calculator is intended to provide approximate information about your loan payments and does not constitute an offer to extend credit. Your actual payment information may vary. Rates shown are for illustrative purposes only and may vary due to individual creditworthiness and or loan term. Payments shown may vary from final loan payment provided by Empeople loan representatives.
Recommended Reading
Why September is one of the best times of year to buy a car
September may be one of the best times of year to buy a car. Labor Day promotions, the end of the third quarter, and changing model-year inventory can create opportunities for buyers. But timing is only part of getting a good deal when financing a car. Preparing your credit and comparing auto financing options can […]
What does gap insurance cover and when might you need it
What does gap insurance cover? Gap insurance is optional auto insurance coverage you can take out when leasing or purchasing a new or used vehicle with an auto loan. Gap insurance covers some or all of the difference between what you owe on a car loan or lease and what your auto insurer pays if [...]
Automobile lease vs. buy: Which option is better for fall buyers
For many drivers, buying a car with a traditional auto loan is the better long-term financial move. Buying may be a better fit if you want to: Build equity in your vehicle. Drive payment-free after your loan is paid off. Keep, sell or trade in the vehicle whenever you choose. Leasing usually offers lower upfront [...]
How to use your checking account like a CFO: Cash flow tips that build wealth
At some point, managing your money stops being about learning to budget or stretching each paycheck to build some savings. Your career has grown, your income has increased, and life has become more complicated. Maybe you’ve bought a home, started a family, picked up a side hustle, or you’re juggling car payments, childcare and retirement […]